6403 E Monte Cristo AveScottsdaleAZ85254
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Scottsdale at 6403 E Monte Cristo Ave, Scottsdale, AZ, 85254 uses $329,000 cash to close to unlock $8,374/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $6,652/mo, and a $4,895/mo payment keeps the spread at $698/mo. Purchase price stands at $1,000,000, and rental yield measures 7.98% with $6,652/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash records $384,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,652/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Single Family
Built in 1998
9,243 sqft lot
$N/A/sqft
$255 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85254, Scottsdale, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,839 (100%) |
| Owner Occupied HU | 14,608 (64.0%) |
| Renter Occupied HU | 5,481 (24.0%) |
| Vacant Housing Units | 2,750 (12.0%) |
| Median Home Value | $691,065 |
| Average Home Value | $758,769 |
Housing Distribution
Address Breakdown
Residential
22,070
Single Family
14,461
Multi-Family
7,609
Businesses
1,610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David M Mason • Realty ONE Group
Mls Name: ARMLS
Mls Provider:
Mls ID: #6897734
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.